Contrary to my previous post about the marriage penalty, CNN Money has a article about a study that shows that marriage helps build wealth.
The study, published in the Journal of Sociology by Ohio State University researcher Jay Zagorsky, revealed that individuals who get married and stay married have a net worth almost twice as great as their single or divorced counterparts.
Yay for us married folks. Obviously, being married has some financial benefits. Sharing the bills obviously helps. Of course there are usually more bills as well. Need a reason to stay married?
While divorce usually means splitting things up 50-50, the study estimates that on average, divorced individuals lose roughly three-quarters of their net worth.
Enough said… Well maybe. Read the rest of the article at Cnn Money.